SPAX vs. VPC ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to Virtus Private Credit Strategy ETF (VPC)
SPAX
Robinson Alternative Yield Pre-merger SPAC ETF
SPAX Description
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an actively managed exchange-trade fund (ETF) that invests in Special Purpose Acquisition Companies (SPACs), also known as blank check companies. SPAX seeks to provide total return while minimizing downside risk. SPAX invests primarily in equity securities, specifically units and shares of common stock and warrants of U.S.-listed SPACs. SPAX expects to invest the majority of its assets in SPACs which are small capitalization companies. The Fund intends to exit any SPAC units, common shares and warrants prior to the completion of a business combination, seeking to minimize downside risk.
Grade (RS Rating)
Last Trade
$20.25
Average Daily Volume
1,603
33
VPC
Virtus Private Credit Strategy ETF
VPC Description
The investment seeks investment results that correspond the price and yield performance of the Indxx Private Credit Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed, registered closed-end investment companies that have elected to be regulated as "business development companies" under the Investment Company Act of 1940, as well as U.S.-listed, non-BDC registered closed-end funds. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.87
Average Daily Volume
33,092
52
Performance
| Period | SPAX | VPC |
|---|---|---|
| 30 Days | 0.19% | 0.72% |
| 60 Days | 1.01% | 2.94% |
| 90 Days | 0.92% | 5.25% |
| 12 Months | 1.56% | 21.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPAX | Weight in VPC | Overlap |
|---|
SPAX Overweight 33 Positions Relative to VPC
| Symbol | Grade | Weight | |
|---|---|---|---|
| HAIA | A | 3.35% | |
| BACA | B | 3.22% | |
| WTMA | B | 3.12% | |
| EMLD | C | 3.04% | |
| KCGI | A | 3.04% | |
| CMCA | B | 2.63% | |
| GHIX | D | 2.63% | |
| HCVI | C | 2.5% | |
| AOGO | B | 2.36% | |
| BLEU | B | 2.23% | |
| PRLH | B | 2.23% | |
| IVCP | B | 2.1% | |
| TGAA | B | 2.08% | |
| CDAQ | B | 2.0% | |
| ONYX | B | 1.89% | |
| BNIX | B | 1.88% | |
| CFFS | B | 1.73% | |
| GAQ | A | 1.61% | |
| ROCL | C | 1.41% | |
| MITA | B | 0.89% | |
| TRON | B | 0.79% | |
| IMAQ | C | 0.71% | |
| PPYA | C | 0.7% | |
| BRKH | A | 0.64% | |
| BYNO | C | 0.62% | |
| RMGC | F | 0.59% | |
| MCAG | B | 0.42% | |
| MSSA | B | 0.41% | |
| TRIS | A | 0.34% | |
| FHLT | D | 0.08% | |
| BHAC | B | 0.05% | |
| SWSS | D | 0.02% | |
| NSTD | F | 0.0% |
SPAX Underweight 52 Positions Relative to VPC
| Symbol | Grade | Weight | |
|---|---|---|---|
| OXLC | B | -3.01% | |
| TPVG | F | -2.56% | |
| XFLT | B | -2.44% | |
| PSEC | C | -2.3% | |
| FSK | A | -2.3% | |
| TCPC | B | -2.2% | |
| GSBD | A | -2.16% | |
| HRZN | B | -2.11% | |
| BIGZ | B | -2.1% | |
| PFLT | B | -2.01% | |
| VVR | B | -1.97% | |
| SAR | C | -1.92% | |
| CCAP | A | -1.89% | |
| SLRC | B | -1.89% | |
| WHF | C | -1.89% | |
| NMFC | C | -1.88% | |
| KIO | A | -1.87% | |
| JQC | A | -1.86% | |
| SCM | C | -1.85% | |
| PNNT | A | -1.85% | |
| JFR | B | -1.82% | |
| FDUS | C | -1.81% | |
| BBDC | A | -1.8% | |
| BCSF | A | -1.78% | |
| ARDC | A | -1.76% | |
| GAIN | B | -1.75% | |
| PHD | A | -1.75% | |
| FCT | C | -1.73% | |
| BLW | A | -1.66% | |
| GBDC | C | -1.59% | |
| CSWC | A | -1.57% | |
| EVF | A | -1.57% | |
| ARCC | A | -1.56% | |
| CGBD | B | -1.54% | |
| EFR | A | -1.53% | |
| TSLX | A | -1.53% | |
| DSU | A | -1.52% | |
| CION | B | -1.51% | |
| FRA | A | -1.5% | |
| BGB | A | -1.5% | |
| HTGC | A | -1.5% | |
| EFT | A | -1.47% | |
| BSL | A | -1.45% | |
| BGT | C | -1.41% | |
| BXSL | B | -1.31% | |
| MAIN | A | -1.23% | |
| IQI | A | -1.05% | |
| MRCC | C | -1.02% | |
| PTMN | B | -1.01% | |
| OXSQ | C | -0.95% | |
| OFS | F | -0.91% | |
| BMN | B | -0.4% |
SPAX: Top Represented Industries & Keywords
VPC: Top Represented Industries & Keywords
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